6, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £430,000

6 CHERRY TREE LANE is a very large extended detached house of 199m², built sometime between 1967 and 1975. It was last sold for £430,000 in March 2016, which was around 118% above the average March 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

6 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 6 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 6 CHERRY TREE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 23 MAR	£430,000	£197,382	118% above HPI
2007 15 JUN	£270,000	£185,874	45% above HPI
2003 2 MAY	£227,000	£134,892	68% above HPI

6 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 6 CHERRY TREE LANE sales between May 2003 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2016 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is 6 CHERRY TREE LANE?

6 CHERRY TREE LANE is 199m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 6 CHERRY TREE LANE lies on this distribution: 94% of detached houses are smaller than 6 CHERRY TREE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

6 CHERRY TREE LANE: Plot and Title Map

6 CHERRY TREE LANE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 6 CHERRY TREE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 CHERRY TREE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 CHERRY TREE LANE?

6 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 6 on CHERRY TREE LANE.